DOCSLIB.ORG

Loral Space & Communications Inc

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Loral Space & Communications Inc Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-14180 LORAL SPACE & COMMUNICATIONS INC. (Exact name of registrant specified in its charter) Jurisdiction of incorporation: Delaware IRS identification number: 87-0748324 600 Fifth Avenue New York, New York 10020 Telephone: (212) 697-1105 Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol Name of each exchange on which registered Common stock, $.01 par value LORL Nasdaq Global Select Market Preferred Stock Purchase Rights Nasdaq Global Select Market Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ◻ No ☒ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ◻ No ☒ Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ◻ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ◻ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer ◻ Accelerated filer ☐ Non-accelerated filer ☒ Smaller reporting company ☒ Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ◻ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report. ☒ Indicate by check mark whether the registrant is a shell company (as defined in Exchange Act Rule 12b-2 of the Act). Yes ☐ No ☒ As of June 30, 2020, the aggregate market value of the common stock, the only common equity of the registrant currently issued and outstanding, held by non-affiliates of the registrant was approximately $248,376,482. At March 5, 2021, 21,427,078 shares of the registrant’s voting common stock and 9,505,673 shares of the registrant’s non-voting common stock were outstanding. Table of Contents LORAL SPACE AND COMMUNICATIONS INC. INDEX TO ANNUAL REPORT ON FORM 10-K For the Year Ended December 31, 2020 Risk Factor Summary 3 PART I Item 1: Business 5 Item 1A: Risk Factors 23 Item 1B: Unresolved Staff Comments 49 Item 2: Properties 49 Item 3: Legal Proceedings 49 Item 4: Mine Safety Disclosures 49 PART II Item 5: Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities 50 Item 7: Management’s Discussion and Analysis of Financial Condition and Results of Operations 52 Item 8: Financial Statements and Supplementary Data 68 Item 9: Changes in and Disagreements with Accountants on Accounting and Financial Disclosure 68 Item 9A: Controls and Procedures 68 Item 9B: Other Information 71 PART III Item 10: Directors, Executive Officers and Corporate Governance 71 Item 11: Executive Compensation 75 Item 12: Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters 80 Item 13: Certain Relationships and Related Transactions, and Director Independence 83 Item 14: Principal Accountant Fees and Services 84 PART IV Item 15: Exhibits and Financial Statement Schedule 86 Signatures 94 2 Table of Contents RISK FACTOR SUMMARY Our business is subject to a number of risks of which you should be aware before making an investment decision. Below we summarize what we believe are the principal risk factors but these risks are not the only ones we face, and you should carefully review and consider the full discussion of our risk factors in the section titled “Risk Factors”, together with the other information in this Annual Report. Risks Relating to the Integration Transaction ● The announcement and pendency of the integration transaction may adversely affect our business, financial condition and results of operations. ● The anticipated benefits of the Transaction may not be realized fully or at all, or may take longer to realize than expected. Financial, Capital Structure and Telesat Investment Risk Factors ● Our equity investment in Telesat may be at risk because of Telesat’s leverage, which may increase and reduce Telesat’s financial flexibility. ● While we own 62.6% of Telesat on an economic basis, we own only 32.6% of its voting stock and therefore do not have the right to elect or appoint a majority of the members of its Board of Directors and our interests and those of the other Telesat shareholders may diverge or conflict. ● Loral is a holding company with no current operations, and as such, may not receive sufficient cash flow from our affiliates or be able to incur sufficient borrowings to meet our financial obligations. ● Our voting common stock could be delisted by Nasdaq as a result of not having held an annual meeting of stockholders within 12 months of the end of our fiscal year on December 31, 2019. Risks Factors Associated with Satellite Services ● Telesat’s in-orbit satellites may fail to operate as expected due to operational anomalies resulting in lost revenues, increased costs and/or termination of contracts. Some of Telesat satellites have experienced in-orbit anomalies. ● Changes in consumer demand for traditional television services and expansion of terrestrial networks have adversely impacted the growth in subscribers to direct-to-home television services in North America, which may adversely impact future revenues. ● Fluctuations in available satellite capacity could adversely affect Telesat’s results. ● Significant and intensifying competition in the satellite industry and from other providers of communications capacity could result in a loss of revenues and a decline in profitability of Telesat if it fails to compete effectively. ● Changes in technology could have a material adverse effect on Telesat’s results. ● There are numerous risks and uncertainties associated with the planned Telesat Lightspeed constellation, including risks associated with failing to develop the necessary commercial and service operational capabilities in connection therewith. ● There are numerous risks related to monetizing C-band spectrum, and Telesat may not be able to do so in a timely way or at all. 3 Table of Contents ● The actual orbital maneuver lives of Telesat’s satellites may be shorter than Telesat anticipates, and Telesat may be required to reduce available capacity on its satellites prior to the end of their orbital maneuver lives. ● Telesat’s insurance will not protect it against all satellite-related losses. Further, Telesat may not be able to renew insurance on its existing satellites or obtain insurance on future satellites on acceptable terms or at all, and, for certain of Telesat’s existing satellites, Telesat has elected to forego obtaining insurance. ● Telesat derives a substantial amount of its revenues from only a few of its customers. A loss of, or default by, one or more of these major customers, or a material adverse change in any such customer’s business or financial condition, could materially reduce Telesat’s future revenues and contracted backlog. ● Telesat’s business is capital intensive and Telesat may not be able to raise adequate capital to finance its business strategies, or Telesat may be able to do so only on terms that significantly restrict its ability to operate its business. ● Telesat’s satellite launches may be delayed, it may suffer launch failures or its satellites may fail to reach their planned orbital locations. Any such issue could result in the loss of a satellite or cause significant delays in the deployment of the satellite which could have a material adverse effect on Telesat’s results of operations, business prospects and financial condition. ● Because Telesat’s satellites are complex and are deployed in complex environments, Telesat’s satellites may have defects that are discovered only after full deployment, which could seriously harm Telesat’s business. ● Spectrum values historically have been volatile, which could cause the value of Telesat’s business to fluctuate. ● Telesat operates in a highly regulated industry and government regulations may adversely affect its ability to sell its services, or increase the expense of such services or otherwise limit its ability to operate or grow its business. ● The planned Telesat Lightspeed constellation will depend on the use of spectrum; regulations governing non-geostationary orbit spectrum rights, including requirements to share spectrum, could also materially impact the Telesat Lightspeed constellation’s system capacity. Other Risk Factors ● Threats to public health, and measures taken in response to them, may have an adverse effect on Telesat’s or our business and results of operations, including in respect of COVID-19.
Load more

Recommended publications
  • A New Satellite, a New Vision
    A New Satellite, a New Vision For more on RADARSAT-2 Canadian Space Agency Government RADARSAT Data Services 6767 Route de l’Aéroport Saint-Hubert, Quebec J3Y 8Y9 Tel.: 450-926-6452 [email protected] www.asc-csa.gc.ca MDA Geospatial Services 13800 Commerce Parkway Richmond, British Columbia V6V 2J3 Tel.: 604-244-0400 Toll free: 1-888-780-6444 [email protected] www.radarsat2.info Catalogue number ST99-13/2007 ISBN 978-1-100-15640-8 © Her Majesty the Queen in right of Canada, 2010 TNA H E C A D I A N SPA C E A G E N C Y A N D E A R T H O B S E R VAT I O N For a better understanding of our ocean, atmosphere, and land environments and how they interact, we need high-quality data provided by Earth observation satellites. RADARSAT-2 offers commercial and government users one of the world’s most advanced sources of space-borne radar imagery. It is the first commercial radar satellite to offer polarimetry, a capability that aids in identifying a wide variety of surface features and targets. To expand Canada’s technology leadership in Earth observation, the Canadian Space Agency is working with national and international partners on shared objectives to enhance • northern and remote-area surveillance • marine operations and oil spill monitoring • environmental monitoring and natural resource management • security and the protection of sovereignty • emergency and disaster management RADARSAT-2 is the next Canadian Earth observation success story. It is the result of collaboration between the Canadian Space Agency and the company MDA.
    [Show full text]
  • Douglas Missile & Space Systems Division
    ·, THE THOR HISTORY. MAY 1963 DOUGLAS REPORT SM-41860 APPROVED BY: W.H.. HOOPER CHIEF, THOR SYSTEMS ENGINEERING AEROSPACE SYSTEMS ENGINEERING DOUGLAS MISSILE & SPACE SYSTEMS DIVISION ABSTRACT This history is intended as a quick orientation source and as n ready-reference for review of the Thor and its sys­ tems. The report briefly states the development of Thor, sur'lli-:arizes and chronicles Thor missile and booster launch­ inGs, provides illustrations and descriptions of the vehicle systcn1s, relates their genealogy, explains sane of the per­ fon:iance capabilities of the Thor and Thor-based vehicles used, and focuses attention to the exploration of space by Douelas Aircraf't Company, Inc. (DAC). iii PREFACE The purpose of The Thor History is to survey the launch record of the Thor Weapon, Special Weapon, and Space Systems; give a systematic account of the major events; and review Thor's participation in the military and space programs of this nation. The period covered is from December 27, 1955, the date of the first contract award, through May, 1963. V �LE OF CONTENTS Page Contract'Award . • • • • • • • • • • • • • • • • • • • • • • • • • 1 Background • • • • • • • • • • • • • • • • • • • • • • • • • • • • l Basic Or�anization and Objectives • • • • • • • • • • • • • • • • 1 Basic Developmenta� Philosophy . • • • • • • • • • • • • • • • • • 2 Early Research and Development Launches • • • ·• • • • • • • • • • 4 Transition to ICBM with Space Capabilities--Multi-Stage Vehicles . 6 Initial Lunar and Space Probes ••••••• • • • • • • •
    [Show full text]
  • L AUNCH SYSTEMS Databk7 Collected.Book Page 18 Monday, September 14, 2009 2:53 PM Databk7 Collected.Book Page 19 Monday, September 14, 2009 2:53 PM
    databk7_collected.book Page 17 Monday, September 14, 2009 2:53 PM CHAPTER TWO L AUNCH SYSTEMS databk7_collected.book Page 18 Monday, September 14, 2009 2:53 PM databk7_collected.book Page 19 Monday, September 14, 2009 2:53 PM CHAPTER TWO L AUNCH SYSTEMS Introduction Launch systems provide access to space, necessary for the majority of NASA’s activities. During the decade from 1989–1998, NASA used two types of launch systems, one consisting of several families of expendable launch vehicles (ELV) and the second consisting of the world’s only partially reusable launch system—the Space Shuttle. A significant challenge NASA faced during the decade was the development of technologies needed to design and implement a new reusable launch system that would prove less expensive than the Shuttle. Although some attempts seemed promising, none succeeded. This chapter addresses most subjects relating to access to space and space transportation. It discusses and describes ELVs, the Space Shuttle in its launch vehicle function, and NASA’s attempts to develop new launch systems. Tables relating to each launch vehicle’s characteristics are included. The other functions of the Space Shuttle—as a scientific laboratory, staging area for repair missions, and a prime element of the Space Station program—are discussed in the next chapter, Human Spaceflight. This chapter also provides a brief review of launch systems in the past decade, an overview of policy relating to launch systems, a summary of the management of NASA’s launch systems programs, and tables of funding data. The Last Decade Reviewed (1979–1988) From 1979 through 1988, NASA used families of ELVs that had seen service during the previous decade.
    [Show full text]
  • Photo Release -- Space Systems/Loral-Built Telstar 11N Satellite on Track with Post Launch Maneuvers
    Photo Release -- Space Systems/Loral-Built Telstar 11N Satellite On Track With Post Launch Maneuvers Solar Arrays Deployed On Schedule Following Successful Launch PALO ALTO, Calif., Feb 27, 2009 (GlobeNewswire via COMTEX News Network) -- Space Systems/Loral (SS/L), a subsidiary of Loral Space & Communications (Nasdaq:LORL) and the leading provider of commercial satellites, today announced that the Telstar 11N satellite built for Telesat, one of the world's leading fixed satellite services operators, is performing post launch maneuvers according to plan. The satellite's solar arrays deployed on schedule several hours after separation, following yesterday's successful launch aboard a Zenit-3SLB rocket from the Baikonur Space Center in Kazakhstan. Tomorrow the satellite will begin firing its thrusters to maneuver into its final geosynchronous orbit. A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5941 "We are proud to know that this high-power satellite will help make information and entertainment more accessible around the world," said John Celli, President and Chief Operating Officer of Space Systems/Loral. "Telstar 11N demonstrates the flexibility of our standard 1300 satellite platform, which in this case was engineered to accommodate a smaller launch vehicle. It is this flexibility together with long term proven reliability that have helped SS/L achieve more than 40 percent market share over the past five years." When it reaches its final geosynchronous orbit, Telstar 11N will support video and data applications in North America, Western Europe, and Africa. Space Systems/Loral designed the satellite with a unique Atlantic Ocean beam, which will help Telesat meet growing demand for mobile broadband from both commercial and government customers in shipping and aviation.
    [Show full text]
  • APSCC Monthly E-Newsletter JANUARY 2017
    APSCC Monthly e-Newsletter JANUARY 2017 The Asia-Pacific Satellite Communications Council (APSCC) e-Newsletter is produced on a monthly basis as part of APSCC’s information services for members and professionals in the satellite industry. Subscribe to the APSCC monthly newsletter and be updated with the latest satellite industry news as well as APSCC activities! To renew your subscription, please visit www.apscc.or.kr/sub4_5.asp. To unsubscribe, send an email to [email protected] with a title “Unsubscribe.” News in this issue has been collected from 1 to 31 December 2016. INSIDE APSCC APSCC Session at PTC'17, What do End Users Actually Want? 16 January 2017, Honolulu, Hawaii, USA, www.ptc.org/ptc17 While new technology is good, as are lower prices, are we actually meeting end user needs in the Pacific? Why/why not? What is being provisioned now and future? What gaps we must fill? Where does the satcom model fall short? The session, “What do End Users Actually Want?” would discuss end user needs across various applications and markets. Pierre-Jean Beylier, CEO, SpeedCast Richard Swardh, SVP, Comtech EF Data Imran Malik, RVP, O3b Networks Jacques-Samuel Prolon, General Manager, Kacific Broadband Satellites Moderated by Chris Baugh, President, NSR APSCC members can enjoy discounted rate when PTC’17 registration. Gregg Daffner Elected as APSCC President Gregg Daffner (CEO, GapSat) was elected and inaugurated as the President of APSCC at the 2016 APSCC General Assembly held on 13 December 2016. As the main representative of APSCC, Gregg will be responsible for setting the policies and goals of APSCC in consultation with the APSCC Board of Directors, Vice Presidents and Executive Director.
    [Show full text]
  • Highlights in Space 2010
    International Astronautical Federation Committee on Space Research International Institute of Space Law 94 bis, Avenue de Suffren c/o CNES 94 bis, Avenue de Suffren UNITED NATIONS 75015 Paris, France 2 place Maurice Quentin 75015 Paris, France Tel: +33 1 45 67 42 60 Fax: +33 1 42 73 21 20 Tel. + 33 1 44 76 75 10 E-mail: : [email protected] E-mail: [email protected] Fax. + 33 1 44 76 74 37 URL: www.iislweb.com OFFICE FOR OUTER SPACE AFFAIRS URL: www.iafastro.com E-mail: [email protected] URL : http://cosparhq.cnes.fr Highlights in Space 2010 Prepared in cooperation with the International Astronautical Federation, the Committee on Space Research and the International Institute of Space Law The United Nations Office for Outer Space Affairs is responsible for promoting international cooperation in the peaceful uses of outer space and assisting developing countries in using space science and technology. United Nations Office for Outer Space Affairs P. O. Box 500, 1400 Vienna, Austria Tel: (+43-1) 26060-4950 Fax: (+43-1) 26060-5830 E-mail: [email protected] URL: www.unoosa.org United Nations publication Printed in Austria USD 15 Sales No. E.11.I.3 ISBN 978-92-1-101236-1 ST/SPACE/57 *1180239* V.11-80239—January 2011—775 UNITED NATIONS OFFICE FOR OUTER SPACE AFFAIRS UNITED NATIONS OFFICE AT VIENNA Highlights in Space 2010 Prepared in cooperation with the International Astronautical Federation, the Committee on Space Research and the International Institute of Space Law Progress in space science, technology and applications, international cooperation and space law UNITED NATIONS New York, 2011 UniTEd NationS PUblication Sales no.
    [Show full text]
  • Spectrum and the Technological Transformation of the Satellite Industry Prepared by Strand Consulting on Behalf of the Satellite Industry Association1
    Spectrum & the Technological Transformation of the Satellite Industry Spectrum and the Technological Transformation of the Satellite Industry Prepared by Strand Consulting on behalf of the Satellite Industry Association1 1 AT&T, a member of SIA, does not necessarily endorse all conclusions of this study. Page 1 of 75 Spectrum & the Technological Transformation of the Satellite Industry 1. Table of Contents 1. Table of Contents ................................................................................................ 1 2. Executive Summary ............................................................................................. 4 2.1. What the satellite industry does for the U.S. today ............................................... 4 2.2. What the satellite industry offers going forward ................................................... 4 2.3. Innovation in the satellite industry ........................................................................ 5 3. Introduction ......................................................................................................... 7 3.1. Overview .................................................................................................................. 7 3.2. Spectrum Basics ...................................................................................................... 8 3.3. Satellite Industry Segments .................................................................................... 9 3.3.1. Satellite Communications ..............................................................................
    [Show full text]
  • International Space Station Program Mobile Servicing System (MSS) To
    SSP 42004 Revision E Mobile Servicing System (MSS) to User (Generic) Interface Control Document Part I International Space Station Program Revision E, May 22, 1997 Type 1 Approved by NASA National Aeronautics and Space Administration International Space Station Program Johnson Space Center Houston, Texas Contract No. NAS15–10000 SSP 42004, Part 1, Revision E May 22, 1997 REVISION AND HISTORY PAGE REV. DESCRIPTION PUB. DATE C Totally revised Space Station Freedom Document into an International Space Station Alpha Document 03–14–94 D Revision D reference PIRNs 42004–CS–0004A, 42004–NA–0002, 42004–NA–0003, TBD 42004–NA–0004, 42004–NA–0007D, 42004–NA–0008A, 42004–NA–0009C, 42004–NA–0010B, 42004–NA–0013A SSP 42004, Part 1, Revision E May 22, 1997 INTERNATIONAL SPACE STATION PROGRAM MOBILE SERVICING SYSTEM TO USER (GENERIC) INTERFACE CONTROL DOCUMENT MAY 22, 1997 CONCURRENCE PREPARED BY: PRINT NAME ORGN SIGNATURE DATE CHECKED BY: PRINT NAME ORGN SIGNATURE DATE SUPERVISED BY (BOEING): PRINT NAME ORGN SIGNATURE DATE SUPERVISED BY (NASA): PRINT NAME ORGN SIGNATURE DATE DQA: PRINT NAME ORGN SIGNATURE DATE i SSP 42004, Part 1, Revision E May 22, 1997 NASA/CSA INTERNATIONAL SPACE STATION PROGRAM MOBILE SERVICING SYSTEM (MSS) TO USER INTERFACE CONTROL DOCUMENT MAY 22, 1997 Print Name For NASA DATE Print Name For CSA DATE ii SSP 42004, Part 1, Revision E May 22, 1997 PREFACE SSP 42004, Mobile Servicing System (MSS) to User Interface Control Document (ICD) Part I shall be implemented on all new Program contractual and internal activities and shall be included in any existing contracts through contract changes.
    [Show full text]
  • Loral Space & Communications Inc
    Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ; ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2010 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-14180 LORAL SPACE & COMMUNICATIONS INC. (Exact name of registrant specified in the charter) Jurisdiction of incorporation: Delaware IRS identification number: 87-0748324 600 Third Avenue New York, New York 10016 (Address of principal executive offices) Telephone: (212) 697-1105 (Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Title of each class Name of each exchange on which registered Common stock, $.01 par value NASDAQ Securities registered pursuant to Section 12(g) of the Act: Indicate by check mark if the registrant is well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes No ; Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes No ; Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ;No Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).
    [Show full text]
  • Space Almanac 2007
    2007 Space Almanac The US military space operation in facts and figures. Compiled by Tamar A. Mehuron, Associate Editor, and the staff of Air Force Magazine 74 AIR FORCE Magazine / August 2007 Space 0.05g 60,000 miles Geosynchronous Earth Orbit 22,300 miles Hard vacuum 1,000 miles Medium Earth Orbit begins 300 miles 0.95g 100 miles Low Earth Orbit begins 60 miles Astronaut wings awarded 50 miles Limit for ramjet engines 28 miles Limit for turbojet engines 20 miles Stratosphere begins 10 miles Illustration not to scale Artist’s conception by Erik Simonsen AIR FORCE Magazine / August 2007 75 US Military Missions in Space Space Support Space Force Enhancement Space Control Space Force Application Launch of satellites and other Provide satellite communica- Ensure freedom of action in space Provide capabilities for the ap- high-value payloads into space tions, navigation, weather infor- for the US and its allies and, plication of combat operations and operation of those satellites mation, missile warning, com- when directed, deny an adversary in, through, and from space to through a worldwide network of mand and control, and intel- freedom of action in space. influence the course and outcome ground stations. ligence to the warfighter. of conflict. US Space Funding Millions of constant Fiscal 2007 dollars 60,000 50,000 40,000 30,000 20,000 10,000 0 Fiscal Year 59 62 65 68 71 74 77 80 83 86 89 92 95 98 01 04 Fiscal Year NASA DOD Other Total Fiscal Year NASA DOD Other Total 1959 1,841 3,457 240 5,538 1983 13,051 18,601 675 32,327 1960 3,205 3,892
    [Show full text]
  • January 2018 Satellite & Space Monthly Review
    February 5, 2018 Industry Brief Chris Quilty [email protected] January 2018 +1 (727)-828-7085 Austin Moeller Satellite & Space Monthly Review [email protected] +1 (727)-828-7601 January 11, 2018: Air force to utilize more smallsats for weather DMSP F19 Readying for Launch observation. Citing growing budget constraints, the US Air Force announced that is considering using small satellites in combination with next-gen software rather than procuring traditional multibillion-dollar, cost-plus spacecraft to replace/replenish its Defense Meteorological Satellite Program (DMSP). Despite awarding a $94 million contract to Ball Aerospace in November to design the Weather System Follow-on Microwave (WSF-M) satellite, the Air Force plans to begin launching small satellites equipped with infrared imaging and electro-optical instruments to monitor battlefield weather starting in 2021-2022. The Air Force is also considering augmenting their current capabilities with inactive NOAA GOES satellites in the near-term. These considerations parallel recent comments by USSTRATCOM commander Gen. John Hyten, who has repeatedly stated that the Air Force currently spends too much time and money developing large, high- cost satellites, and needs to invest in more small satellites for strategic Source: Lockheed Martin and budgetary reasons. Conclusion: Smallsats ready for a DoD growth spurt? With growing evidence of Russian/Chinese anti- satellite technology demonstrations, the Pentagon is becoming increasingly reluctant to spend billions of dollars on monolithic “Battlestar Galactica” satellite systems that place too many eggs in one basket. While not as robust or technologically-capable as high-end spacecraft built by traditional contractor, such as Lockheed Martin, small satellites are orders-of-magnitude less expensive to build, launch, and maintain.
    [Show full text]
  • A Tale of Two Spaceports Telemedicine SATCOM Testing Forrester's Focus a Chat with Mike Antonovich Middle East Connections
    Worldwide Satellite Magazine May 2011 SatMagazine A Tale Of Two Spaceports Telemedicine SATCOM Testing Forrester’s Focus A Chat With Mike Antonovich Middle East Connections A Case In Point x2 SatMagazine Vol. 4, No. 3 — May 2011 Silvano Payne, Publisher + Author Hartley G. Lesser, Editorial Director Pattie Waldt, Editor Jill Durfee, Sales Director, Editorial Assistant Donald McGee, Production Manager Simon Payne, Development Manager Chris Forrester, Associate Editor Richard Dutchik, Contributing Editor Michael Fleck, Contributing Editor Alan Gottlieb, Contributing Editor Dan Makinster, Technical Advisor Authors Chris Forrester Beate Hoehne Hartley Lesser Pattie Waldt Published monthly by Satnews Publishers 800 Siesta Way Sonoma, CA 95476 USA Phone: (707) 939-9306 Fax: (707) 838-9235 © 2011 Satnews Publishers We reserve the right to edit all submitted materials to meet our content guidelines, as well as for grammar and spelling consistency. Articles may be moved to an alternative issue to accommodate publication space requirements or removed due to space restrictions. Submission of content does not constitute acceptance of said material by SatNews Publishers. Edited materials may, or may not, be returned to author and/or company for review prior to publication. The views expressed in our various publications do not necessarily reflect the views or opinions of SatNews Publishers. All included imagery is courtesy of, and copyright to, the respective companies. 3 SatMagazine — May 2011 SatMagazine — May 2011 — Payload InfoBeam 08 Focus 36
    [Show full text]